After we use a credit card for overdraft consumption, we need to pay off the balance before the repayment date. Otherwise, the credit card will be overdue, which will easily affect our credit report. In the process of repaying a credit card, you will inevitably encounter some problems, such as repayment failure. What are the common reasons?

Credit card repayment shows repayment failure reasons

1. The bank system to which the credit card belongs is faulty, resulting in repayment failure. There is no need to worry in this case. If the repayment fails, no deduction will be made. If the payment is overdue, you can ask the bank for explanation.

2 Network delay problems can also cause credit card repayment failures.

3 The balance in the debit card or savings card used for credit card repayment is insufficient to support the repayment of the current credit card bill.

Based on the above, when credit card repayment fails, you must understand the reasons for the failure in advance so that you can take appropriate measures. If the repayment fails for some reason on the repayment date, don't be too nervous. Most banks have a 3-day extension service. If a credit card bank has a 3-day extension service, then the repayment must be completed within these three days. It's also possible.